ADAPT Investment Managers SA
CIK 2029917 · View on SEC EDGAR ↗
- Portfolio value
- $12.6B
- Positions
- 133
- As of
- June 30, 2026
#416 of 9,443 by 13F value · top 4.4%
Portfolio value QoQ: +66.2% 13F does not disclose cash
- Top 10 holdings weight
- 60.15%
- Top 25 holdings weight
- 78.92%
- Positions above 1%
- 21
- Effective number of positions
- 14.9
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 18.45% Est. buys $3,674,661,286 · sells $1,856,565,311
Median holding: 2.0 quarters Tracked Q4 2024–Q2 2026 · 47.3% still held
- New positions
- 21
- Increased
- 29
- Decreased
- 24
- Closed
- 2
Put-notional exposure: 79.6% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +42.5% · S&P 500: +28.7%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 91.0% · Options excluded: 95.4%
Sector breakdown
Technology
60.8%
Consumer Discretionary
6.7%
Communication Services
4.2%
Healthcare
3.0%
Retail
1.9%
Financials
1.6%
Financial Services
0.9%
Communications
0.7%
Industrials
0.4%
Energy
0.4%
Telecommunication
0.3%
Other/Unmapped
19.0%
Full portfolio 133 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| AMD Advanced Micro Devices, Inc. - Common Stock | $2,569,423,048 | 20.45% | 4,423,100 | Put option | $1,958,827,912 | Up ×1 | |
| MU Micron Technology, Inc. - Common Stock | $1,205,078,761 | 9.59% | 1,044,000 | Put option | $745,447,433 | Down ×3 | |
| XLK XLK | $762,080,000 | 6.07% | 4,000,000 | Put option | $230,480,000 | ||
| NVDA NVIDIA Corporation - Common Stock | $660,297,016 | 5.26% | 3,300,000 | Put option | $-133,222,984 | Down ×2 | |
| HYG | $599,775,008 | 4.77% | 7,500,000 | Put option | $102,525,008 | Up ×1 | |
| TSLA Tesla, Inc. - Common Stock | $525,750,000 | 4.18% | 1,250,000 | Put option | $-217,749,996 | Down ×3 | |
| EEM | $342,050,000 | 2.72% | 5,000,000 | Put option | $228,470,000 | Up ×1 | |
| DELL Dell Technologies Inc. Class C Common Stock | $332,224,192 | 2.64% | 770,000 | Put option | $274,778,692 | Up ×1 | |
| OKTA Okta, Inc. - Class A Common Stock | $286,940,705 | 2.28% | 2,102,900 | Put option | $152,905,446 | Up ×2 | |
| EEM | $273,640,000 | 2.18% | 4,000,000 | Call option | |||
| NVDA NVIDIA Corporation - Common Stock | $240,108,004 | 1.91% | 1,200,000 | Call option | $213,948,004 | Up ×1 | |
| AVGO Broadcom Inc. - Common Stock | $226,650,000 | 1.80% | 600,000 | Put option | |||
| META Meta Platforms, Inc. - Class A Common Stock | $208,417,296 | 1.66% | 370,000 | Put option | $-3,270,800 | ||
| XLB XLB | $177,905,000 | 1.42% | 3,500,000 | Call option | $77,965,000 | Up ×1 | |
| IBM International Business Machines Corporation Common Stock | $172,241,120 | 1.37% | 612,500 | Put option | $26,855,600 | Up ×2 | |
| INTC Intel Corporation - Common Stock | $167,556,000 | 1.33% | 1,200,000 | Put option | |||
| SNOW Snowflake Inc. Common Stock | $165,425,000 | 1.32% | 650,000 | Put option | Up ×1 | ||
| IBM International Business Machines Corporation Common Stock | $161,695,752 | 1.29% | 575,000 | Call option | Up ×1 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $145,304,252 | 1.16% | 349,600 | Put option | $110,127,552 | Up ×1 | |
| GOOG Alphabet Inc. - Class C Capital Stock | $141,331,996 | 1.12% | 400,000 | Put option | |||
| ADBE Adobe Inc. - Common Stock | $135,497,718 | 1.08% | 660,900 | Call option | $72,296,918 | Up ×1 | |
| MRVL Marvell Technology, Inc. - Common Stock | $119,156,000 | 0.95% | 400,000 | Put option | $44,868,500 | Down ×2 | |
| MSFT Microsoft Corporation - Common Stock | $115,300,482 | 0.92% | 309,100 | Call option | $87,537,732 | Up ×2 | |
| META Meta Platforms, Inc. - Class A Common Stock | $94,351,076 | 0.75% | 167,500 | Call option | $-1,480,700 | ||
| ADBE Adobe Inc. - Common Stock | $86,313,420 | 0.69% | 421,000 | Put option | $-40,088,180 | Down ×1 | |
| QCOM QUALCOMM Incorporated - Common Stock | $83,155,504 | 0.66% | 450,000 | Put option | $70,277,504 | Up ×1 | |
| TSLA Tesla, Inc. - Common Stock | $73,605,000 | 0.59% | 175,000 | Call option | $8,548,750 | ||
| PLTR Palantir Technologies Inc. - Class A Common Stock | $70,002,000 | 0.56% | 600,000 | Put option | $-33,447,216 | Down ×2 | |
| ORCL Oracle Corporation Common Stock | $65,947,500 | 0.52% | 450,000 | Put option | $-99,536,539 | Down ×1 | |
| SNOW Snowflake Inc. Common Stock | $63,625,000 | 0.51% | 250,000 | Call option | Up ×1 | ||
| LLY Eli Lilly and Company Common Stock | $59,971,500 | 0.48% | 50,000 | Put option | $13,983,000 | ||
| NVDA NVIDIA Corporation - Common Stock | $59,141,200 | 0.47% | 295,573 | $47,131,144 | Up ×1 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $58,730,000 | 0.47% | 500,000 | Put option | $19,935,000 | ||
| AAPL Apple Inc. - Common Stock | $57,872,000 | 0.46% | 200,000 | Put option | $-77,093,520 | Down ×2 | |
| EBAY eBay Inc. - Common Stock | $55,875,000 | 0.44% | 500,000 | Put option | $10,365,000 | ||
| AMZN Amazon.com, Inc. - Common Stock | $54,818,200 | 0.44% | 230,000 | Call option | $6,916,100 | ||
| BRKB | $53,541,728 | 0.43% | 107,000 | Put option | $2,267,328 | ||
| KWEB | $48,940,000 | 0.39% | 2,000,000 | Put option | $-7,920,000 | ||
| MSFT Microsoft Corporation - Common Stock | $48,370,624 | 0.39% | 129,673 | $32,205,300 | Up ×1 | ||
| BAM Brookfield Asset Management Inc Class A Limited Voting Shares | $44,850,000 | 0.36% | 1,000,000 | Put option | $400,000 | ||
| AIG American International Group, Inc. New Common Stock | $44,718,000 | 0.36% | 600,000 | Put option | $-432,000 | ||
| TXN Texas Instruments Incorporated - Common Stock | $44,710,500 | 0.36% | 150,000 | Put option | $-13,531,500 | Down ×2 | |
| PYPL PayPal Holdings, Inc. - Common Stock | $43,180,000 | 0.34% | 1,000,000 | Put option | $-2,050,000 | ||
| CRM Salesforce, Inc. Common Stock | $43,081,500 | 0.34% | 275,000 | Call option | $19,747,750 | Up ×1 | |
| SMH SMH | $41,918,584 | 0.33% | 63,911 | ||||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $41,479,874 | 0.33% | 99,800 | Call option | $23,891,524 | Up ×1 | |
| AVGO Broadcom Inc. - Common Stock | $39,641,462 | 0.32% | 104,941 | $39,393,854 | Up ×1 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $39,559,972 | 0.31% | 68,100 | Call option | $-19,577,129 | Down ×1 | |
| CRM Salesforce, Inc. Common Stock | $39,165,000 | 0.31% | 250,000 | Put option | $-7,502,500 | ||
| DELL Dell Technologies Inc. Class C Common Stock | $38,831,400 | 0.31% | 90,000 | Call option | $14,211,900 | Down ×2 | |
| AMZN Amazon.com, Inc. - Common Stock | $38,134,400 | 0.30% | 160,000 | Put option | $-36,842,800 | Down ×2 | |
| SBUX Starbucks Corporation - Common Stock | $36,890,592 | 0.29% | 361,000 | Put option | $4,548,602 | ||
| UBER Uber Technologies, Inc. Common Stock | $36,080,000 | 0.29% | 500,000 | Put option | $115,000 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $35,466,991 | 0.28% | 62,964 | $3,666,289 | Up ×2 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $35,333,000 | 0.28% | 100,000 | Call option | |||
| PLTR Palantir Technologies Inc. - Class A Common Stock | $35,001,000 | 0.28% | 300,000 | Call option | $19,846,392 | Up ×1 | |
| ETSY Etsy, Inc. - Common Stock | $30,357,990 | 0.24% | 403,000 | Put option | $10,216,050 | ||
| NOW ServiceNow, Inc. Common Stock | $29,784,000 | 0.24% | 300,000 | Put option | Up ×1 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $29,365,000 | 0.23% | 250,000 | Call option | $9,967,500 | ||
| KWEB | $28,987,186 | 0.23% | 1,184,601 | Up ×1 | |||
| AAPL Apple Inc. - Common Stock | $28,936,000 | 0.23% | 100,000 | Call option | $-38,546,760 | Down ×2 | |
| ABNB Airbnb, Inc. - Class A Common Stock | $28,620,000 | 0.23% | 200,000 | Put option | $3,364,000 | ||
| BAC Bank of America Corporation Common Stock | $28,490,000 | 0.23% | 500,000 | Put option | $4,115,000 | ||
| AVGO Broadcom Inc. - Common Stock | $28,331,250 | 0.23% | 75,000 | Call option | $5,118,000 | ||
| EBAY eBay Inc. - Common Stock | $27,937,500 | 0.22% | 250,000 | Call option | $5,182,500 | ||
| BRKB | $26,770,864 | 0.21% | 53,500 | Call option | $1,133,664 | ||
| COP ConocoPhillips Common Stock | $25,990,000 | 0.21% | 250,000 | Put option | $-7,010,000 | ||
| GLD | $25,875,011 | 0.21% | 70,240 | $8,560,141 | Up ×1 | ||
| VZ Verizon Communications Inc. Common Stock | $25,404,000 | 0.20% | 600,000 | Put option | $-4,716,000 | ||
| GILD Gilead Sciences, Inc. - Common Stock | $25,268,000 | 0.20% | 200,000 | Call option | $11,331,000 | Up ×1 | |
| GILD Gilead Sciences, Inc. - Common Stock | $25,268,000 | 0.20% | 200,000 | Put option | $-2,606,000 | ||
| KWEB | $24,470,000 | 0.19% | 1,000,000 | Call option | $-3,960,000 | ||
| PFE Pfizer, Inc. Common Stock | $24,080,000 | 0.19% | 1,000,000 | Put option | $-4,000,000 | ||
| LLY Eli Lilly and Company Common Stock | $23,988,600 | 0.19% | 20,000 | Call option | $5,593,200 | ||
| BKNG Booking Holdings Inc. - Common Stock | $21,994,816 | 0.18% | 123,400 | Put option | $7,679,728 | Up ×1 | |
| HPQ HP Inc. Common Stock | $21,940,000 | 0.17% | 1,000,000 | Put option | $2,730,000 | ||
| PYPL PayPal Holdings, Inc. - Common Stock | $21,590,000 | 0.17% | 500,000 | Call option | $-1,025,000 | ||
| C Citigroup, Inc. Common Stock | $20,994,000 | 0.17% | 150,000 | Put option | $3,982,500 | ||
| JPM JP Morgan Chase & Co. Common Stock | $19,639,800 | 0.16% | 60,000 | Put option | $1,990,200 | ||
| EWJ | $18,956,662 | 0.15% | 203,245 | Up ×1 | |||
| GOOG Alphabet Inc. - Class C Capital Stock | $18,778,430 | 0.15% | 53,147 | ||||
| SBUX Starbucks Corporation - Common Stock | $18,445,296 | 0.15% | 180,500 | Call option | $2,274,301 | ||
| OKTA Okta, Inc. - Class A Common Stock | $18,325,235 | 0.15% | 134,300 | Call option | $-116,518 | Down ×1 | |
| UBER Uber Technologies, Inc. Common Stock | $18,040,000 | 0.14% | 250,000 | Call option | $57,500 | ||
| AMZN Amazon.com, Inc. - Common Stock | $17,156,190 | 0.14% | 71,982 | $-23,597,459 | Down ×1 | ||
| WFC Wells Fargo & Company Common Stock | $16,528,000 | 0.13% | 200,000 | Put option | $606,000 | ||
| WFC Wells Fargo & Company Common Stock | $16,528,000 | 0.13% | 200,000 | Call option | $606,000 | ||
| NKE Nike, Inc. Common Stock | $16,420,000 | 0.13% | 400,000 | Put option | $-4,708,000 | ||
| RCL Royal Caribbean Cruises Ltd. Common Stock | $16,130,524 | 0.13% | 50,800 | Put option | $2,151,380 | ||
| TXN Texas Instruments Incorporated - Common Stock | $15,623,041 | 0.12% | 52,414 | $-13,138,995 | Down ×1 | ||
| AIG American International Group, Inc. New Common Stock | $14,906,000 | 0.12% | 200,000 | Call option | $-144,000 | ||
| ORCL Oracle Corporation Common Stock | $14,655,000 | 0.12% | 100,000 | Call option | |||
| ADSK Autodesk, Inc. - Common Stock | $14,581,500 | 0.12% | 75,000 | Put option | $-3,373,500 | ||
| ADSK Autodesk, Inc. - Common Stock | $14,581,500 | 0.12% | 75,000 | Call option | $-3,373,500 | ||
| ABNB Airbnb, Inc. - Class A Common Stock | $14,310,000 | 0.11% | 100,000 | Call option | $1,682,000 | ||
| BAC Bank of America Corporation Common Stock | $14,245,000 | 0.11% | 250,000 | Call option | $2,057,500 | ||
| ZS Zscaler, Inc. - Common Stock | $14,115,000 | 0.11% | 100,000 | Put option | $-5,525,600 | Down ×3 | |
| NKE Nike, Inc. Common Stock | $12,731,165 | 0.10% | 310,138 | $8,038,319 | Up ×1 | ||
| VZ Verizon Communications Inc. Common Stock | $12,702,000 | 0.10% | 300,000 | Call option | $-2,358,000 | ||
| PLTR Palantir Technologies Inc. - Class A Common Stock | $12,671,412 | 0.10% | 108,609 | $12,627,528 | Up ×1 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| EEM | $273,640,000 | 4,000,000 | 2.18% |
| AVGO | $226,650,000 | 600,000 | 1.80% |
| INTC | $167,556,000 | 1,200,000 | 1.33% |
| SNOW | $165,425,000 | 650,000 | 1.32% |
| IBM | $161,695,752 | 575,000 | 1.29% |
| GOOG | $141,331,996 | 400,000 | 1.12% |
| SNOW | $63,625,000 | 250,000 | 0.51% |
| SMH | $41,918,584 | 63,911 | 0.33% |
| GOOG | $35,333,000 | 100,000 | 0.28% |
| NOW | $29,784,000 | 300,000 | 0.24% |
| KWEB | $28,987,186 | 1,184,601 | 0.23% |
| EWJ | $18,956,662 | 203,245 | 0.15% |
| GOOG | $18,778,430 | 53,147 | 0.15% |
| ORCL | $14,655,000 | 100,000 | 0.12% |
| PFE | $11,216,055 | 465,783 | 0.09% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| AMD | Bought more | +1.4M | +$2.0B |
| MU | Trimmed | -316K | +$745.4M |
| XLK | Price move only | +0 | +$230.5M |
| EEM | Bought more | +3.0M | +$228.5M |
| TSLA | Trimmed | -750K | -$217.7M |
| OKTA | Bought more | +400K | +$152.9M |
| NVDA | Trimmed | -1.2M | -$133.2M |
| UNH | Bought more | +220K | +$110.1M |
| HYG | Bought more | +1.2M | +$102.5M |
| ORCL | Trimmed | -675K | -$99.5M |
2 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| FXI | March 31, 2026 | 15,463,524 | $592,098,334 | No longer tracked |
| IEF | June 30, 2025 | 3,000,000 | $286,110,016 | |
| COIN | March 31, 2026 | 839,840 | $189,921,418 | -2.4% |
| TFC | March 31, 2026 | 2,500,000 | $123,025,000 | 10.2% |
| AMGN | March 31, 2025 | 440,279 | $115,639,279 | 40.0% |
| SMCI | March 31, 2025 | 3,608,411 | $115,396,984 | 9.0% |
| AMGN | March 31, 2026 | 350,000 | $114,558,500 | 24.0% |
| ADBE | Sept. 30, 2025 | 275,000 | $106,392,000 | -22.4% |
| AMAT | March 31, 2025 | 607,643 | $101,373,082 | 240.4% |
| JNJ | Sept. 30, 2025 | 638,072 | $97,465,498 | 46.7% |
| KRE | March 31, 2026 | 1,500,000 | $97,215,000 | No longer tracked |
| USB | March 31, 2025 | 2,000,000 | $96,980,000 | 48.2% |
| FCX | March 31, 2026 | 1,900,000 | $96,501,000 | 16.4% |
| LVS | March 31, 2026 | 1,365,400 | $88,873,886 | -13.7% |
| WFC | March 31, 2025 | 1,200,000 | $85,332,000 | 18.7% |
| ISRG | March 31, 2026 | 150,000 | $84,954,000 | -14.3% |
| ABBV | June 30, 2025 | 400,000 | $83,808,000 | 42.9% |
| UPS | March 31, 2025 | 645,899 | $81,454,322 | -7.1% |
| LRCX | June 30, 2026 | 375,000 | $80,122,496 | -29.1% |
| GOOG | March 31, 2026 | 250,000 | $78,450,000 | 18.6% |
| ROKU | March 31, 2026 | 700,000 | $75,943,000 | 66.2% |
| INTC | March 31, 2026 | 2,000,200 | $73,807,380 | 106.0% |
| INTU | March 31, 2026 | 103,023 | $68,244,496 | -16.3% |
| EWZ | June 30, 2025 | 2,542,176 | $65,715,250 | No longer tracked |
| RBLX | March 31, 2026 | 800,000 | $64,824,000 | -33.1% |
| CCL | March 31, 2026 | 2,050,000 | $62,607,000 | 0.4% |
| DDOG | March 31, 2026 | 460,121 | $62,571,854 | 97.1% |
| LOW | March 31, 2026 | 258,970 | $62,453,205 | -7.4% |
| ZM | June 30, 2026 | 750,000 | $60,292,500 | 24.9% |
| HD | March 31, 2026 | 172,970 | $59,518,978 | 2.7% |
| MS | March 31, 2025 | 450,000 | $57,042,000 | 83.3% |
| ANET | March 31, 2026 | 425,000 | $55,687,750 | 49.7% |
| M | March 31, 2026 | 2,500,000 | $55,125,000 | 27.4% |
| GS | March 31, 2025 | 95,639 | $55,105,279 | 86.2% |
| RTX | March 31, 2026 | 300,000 | $55,020,000 | 12.6% |
| NFLX | March 31, 2025 | 60,000 | $54,453,000 | -91.3% |
| TFC | March 31, 2025 | 1,200,000 | $52,404,000 | 23.1% |
| KLAC | March 31, 2025 | 80,000 | $51,584,800 | -72.6% |
| UPS | March 31, 2026 | 500,000 | $49,595,000 | 3.9% |
| DLTR | March 31, 2026 | 400,000 | $49,204,000 | 18.4% |
| GM | March 31, 2026 | 600,000 | $48,792,000 | 13.0% |
| JPM | March 31, 2025 | 200,000 | $48,234,000 | 44.8% |
| EBAY | June 30, 2025 | 700,000 | $47,411,000 | 40.0% |
| ROKU | March 31, 2025 | 600,000 | $46,218,000 | 123.3% |
| LEN | March 31, 2026 | 414,143 | $42,573,900 | -1.2% |
| CVX | June 30, 2025 | 247,000 | $41,320,632 | 45.2% |
| CSCO | Dec. 31, 2025 | 600,000 | $41,052,000 | 43.0% |
| NEE | March 31, 2026 | 501,801 | $40,284,584 | -7.7% |
| F | March 31, 2026 | 3,000,000 | $39,360,000 | 21.2% |
| SMH | March 31, 2026 | 109,241 | $39,340,960 | 46.0% |
| SLB | March 31, 2025 | 1,031,192 | $38,979,058 | 29.5% |
| NKE | March 31, 2025 | 509,518 | $38,937,366 | -36.1% |
| SBUX | March 31, 2025 | 418,511 | $38,607,640 | 7.4% |
| HUBS | Dec. 31, 2025 | 81,726 | $38,231,423 | -40.1% |
| DLTR | March 31, 2025 | 500,000 | $37,995,000 | 72.7% |
| FL | March 31, 2025 | 1,659,525 | $37,969,932 | No longer tracked |
| COST | June 30, 2025 | 40,000 | $37,831,200 | -5.3% |
| CRM | March 31, 2025 | 109,656 | $37,113,073 | -23.4% |
| XOM | June 30, 2025 | 300,000 | $35,679,000 | 55.3% |
| ADSK | June 30, 2025 | 123,000 | $32,201,400 | -18.1% |
| USB | March 31, 2026 | 600,100 | $32,021,336 | 20.3% |
| UBER | March 31, 2025 | 489,080 | $29,897,461 | 9.4% |
| AMAT | March 31, 2026 | 110,177 | $28,314,387 | 44.5% |
| TTD | March 31, 2026 | 711,437 | $27,006,149 | -40.7% |
| KRE | March 31, 2025 | 395,233 | $23,939,262 | No longer tracked |
| GLD | Sept. 30, 2025 | 75,200 | $22,923,216 | No longer tracked |
| WMT | Dec. 31, 2025 | 220,000 | $22,673,200 | -6.4% |
| TGT | Dec. 31, 2025 | 249,812 | $22,408,137 | 64.0% |
| EWY | Sept. 30, 2025 | 250,000 | $17,945,000 | No longer tracked |
| CBRE | March 31, 2025 | 102,506 | $13,390,359 | 17.6% |
| MGM | March 31, 2026 | 350,000 | $12,771,500 | 15.8% |
| FL | Sept. 30, 2025 | 236,700 | $5,799,150 | No longer tracked |
| NFLX | March 31, 2026 | 33,000 | $3,094,080 | -16.1% |